Samsung dedicates its mfg facility to the nation

Published on Wed, Nov 14, 2007 at 17:20 |  Source : Moneycontrol.com

Updated at Wed, Nov 14, 2007 at 19:36  

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Digital technology leader, Samsung India Electronics Pvt. Ltd. is dedicating its state of the art manufacturing facility at Sriperumbudur to the country today. This Facility, Samsung's second manufacturing facility in India, is  being inaugurated on site by the Hon'ble Chief Minister of Tamil Nadu, Dr. Kalaignar M. Karunanidhi; Hon'ble Union Minister for Communications & IT, Mr. A.. Raja; Vice Chairman & CEO, Samsung Electronics, Mr. Jong Yong Yun;  Mr. G.S. Choi - CEO & President, Telecommunication Network Business, Samsung Electronics; Dr. J. W. Park, President, Samsung Digital Media Business; Mr. H. B. Lee, President & CEO, Samsung South West Asia Regional Head Quarters and Mr. S. H. Oh, Managing Director, Samsung India Electronics Pvt. Ltd.

 

Samsung India, which signed the MoU with the Tamil Nadu government for the Sriperumbudur Complex in November 2006, has set up its first manufacturing facility for Colour televisions within a Year of signing of the MoU. The ground breaking ceremony for the Chennai facility was held in February this Year. The manufacturing facility has a production capacity of 1.5 million units per annum for Flat TVs and 0.3 million units per annum for LCD TVs. The Company is manufacturing 21" and 29" Flat and Ultra Slim models as well as LCD Models in the screen sizes between 19" to 32" at this Facility.

 

States Mr. H. B. Lee, President & CEO, Samsung South West Asia Regional Head Quarters," The Chennai facility will help us respond better and faster to the growing demand for our products in the Southern part of the country." The Company also plans to export CTVs from the Chennai facility to Sri Lanka and Bangladesh starting next Year.

 

"We are leveraging the best of Indian talent available here in Tamil Nadu as well as our global manufacturing expertise to produce world class products from this Facility", states   Mr. Lee.

 

Samsung India has invested US$ 30 Million towards the setting up of this Facility, which employs around 350 employees at present. "We plan to work with and develop our vendor base in Chennai, so that we can continuously enhance our competitiveness. In the future,     I am looking at the Chennai Facility becoming a Global Manufacturing Hub for Samsung operations." states Mr Lee.

 

Samsung's existing manufacturing facilities in India include production facilities for Flat colour televisions, including LCD TVs, Colour monitors, refrigerators, washing machines and GSM handsets. The Company's R&D operations in India include Hardware R&D at Noida as well as Software R&D development centers- Samsung India Software Center (SISC) at Noida, for consumer electronics products and Samsung India Software Operations Unit (SISO) at Bangalore, for telecom software development.

 

Sourced From :Integral PR Services Pvt. Ltd

  

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